News

HIGHLIGHTS:Drilling at Zone 126 has intersected high-grade gold mineralisation in a position consistent with Benz's ...
More jack-ups drilling rigs could be leaving the Middle East region to pursue opportunities in other regions, according to one of the world's premier shallow-water drillers. Shelf Drilling ...
The US drilling rig count decreased by 7 units during the week ended Apr. 11 to reach a total of 583 rotary rigs working, Baker Hughes Inc. reported. That compares with 617 rigs working in the ...
With the above developments, six rigs that were idle for part or the whole of 1Q25 are set to resume operations, laying the foundation for a significant improvement in utilisation, revenue and EBITDA ...
"The acquisition of our first man-portable drill rig marks a major milestone in accelerating our exploration efforts across Papua New Guinea," said Michael Murphy, Executive Chair of the Company.
Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world.
Lime Petroleum signed a contract with Borr Gerd Limited for the Gerd jackup rig, which will be used for a 120-day drilling campaign in Benin. The Sèmè Field in Benin is operated by Akrake, which holds ...
Detailed price information for Southern Cross Gold Consolidated Ltd (SXGC-X) from The Globe and Mail including charting and trades.
Japan’s ENEOS Drilling, a wholly owned subsidiary of ENEOS Xplora, has secured a contract to supply a rig to Japan Vietnam Petroleum Company (JVPC) for a firm two-well campaign offshore Vietnam.
Increased diamond drill rigs mobilized: Two further diamond drill rigs will mobilize to Sunday Creek over the next week to increase the total number to eight rigs operating, with the two ...